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145th Kentucky Derby

Kentucky Derby 2026 Odds: How to Bet on the Kentucky Derby

Click Here for the Latest Kentucky Derby odds and a complete Guide on How to Bet on the Event Today!

Oliver Leonard - May 2, 2026, 12:00 PM EDT

5 Minute Read

Kentucky Derby 2026 Odds: How to Bet on the Kentucky Derby

The 2026 Kentucky Derby takes place in just a few hours, marking the 152nd running of America’s most iconic horse race.

Known as “The Most Exciting Two Minutes in Sports,” the Derby draws millions of viewers, massive betting handle, and a full weekend of racing at Churchill Downs.

If you’re looking to bet on the Kentucky Derby this year, you’ll need to use a legal horse racing app - not a traditional sportsbook. Horse racing is regulated separately from sports betting, meaning platforms like DraftKings, FanDuel, and BetMGM require standalone racing apps for Derby wagers.

Below, we break down the best legal racing apps, the top sportsbook bonuses you can claim alongside them, the states where horse racing betting is legal, and a full guide on how to bet the Kentucky Derby.

Best Legal Horse Racing Apps for the 2026 Kentucky Derby

Below are the top racebooks available in legal states - plus the sportsbook promos you can claim alongside them.

1. DK Horse (DraftKings)

Where It’s Available

DK Horse is available in many racing‑legal states and will remain active until DraftKings Racing fully replaces it state‑by‑state.

What It Offers

  • Full pari‑mutuel wagering
  • Live odds, replays, and Derby betting
  • Standalone app (separate from DraftKings Sportsbook)

DraftKings King of the Track Promo

Offer Details:

  • Bet the Kentucky Derby Winner
  • Get a share of $1,000,000
  • Minimum $5 wager
  • Straight single-horse win wagers only
  • Reward issued via click-to-claim

Better Value: DraftKings Sportsbook Promo

Even though it cannot be used on horse racing, the sportsbook offer is far stronger:

DraftKings Promo Code: Bet $5, Get $100 Instantly

How to claim:

  1. CLICK HERE or visit DraftKings
  2. Deposit $5+
  3. Bet $5 on any sports market
  4. Get $100 in Bonus Bets instantly

You’ll still need DK Horse to bet the Derby.

Where Is DraftKings Racing Legal?

As of April 2026, DraftKings Racing is live in nine states. DraftKings Racing uses a shared wallet with DraftKings Sportsbook, meaning you can move between sports betting and horse racing seamlessly in these states.

  • Delaware
  • New Mexico
  • Rhode Island
  • Florida
  • Louisiana
  • Montana
  • New Hampshire
  • Ohio
  • Oregon

In other states where horse racing is available, users will have to use the DK Horse platform.

2. FanDuel Racing

Where It’s Available

FanDuel Racing is live in 30+ states, including:Arizona, Colorado, Connecticut, Iowa, Illinois, Indiana, Kentucky, Louisiana, Massachusetts, Michigan, New York, Ohio, Pennsylvania, Virginia, West Virginia, Wyoming, and more.

What It Offers

  • Full Derby wagering
  • Live streaming
  • Shared wallet with FanDuel Sportsbook
  • Beginner‑friendly interface

FanDuel Racing Welcome Offer

Bet $5, Get $25 Racing Bonus

Better Value: FanDuel Sportsbook Promo

Bet $5, Get $250 (If Your Bet Wins)

How to claim:

  1. CLICK HERE or visit FanDuel
  2. Deposit $5
  3. Bet $5
  4. If it wins → get $250 in Bonus Bets

Sportsbook Bonus Bets cannot be used on racing.

3.) TwinSpires

TwinSpires is the official wagering platform of Churchill Downs, making it one of the most trusted places to bet the Kentucky Derby.

Where It’s Available

TwinSpires operates in most racing‑legal states.

TwinSpires Welcome Offer

  • CLICK HERE to Earn $100 bonus for every $400 wagered
  • Up to $200 total
  • Must wager $800 within 30 days

2026 Kentucky Derby Odds

See the latest Kentucky Derby Odds below:

  1. Renegade: 5-1
  2. Albus: 47-1
  3. Intrepido: 55-1
  4. Litmus Test: 41-1
  5. Right to Party: 31-1
  6. Commandment: 8-1
  7. Danon Bourbon: 13-1
  8. So Happy: 6-1
  9. The Puma: 5-1
  10. Wonder Dean: 19-1
  11. Incredibolt: 37-1
  12. Chief Wallabee: 14-1
  13. Potente: 28-1
  14. Emerging Market: 13-1
  15. Pavlovian: 50-1
  16. Six Speed: 46-1
  17. Further Ado: 7-1
  18. Golden Tempo: 50-1
  19. Fulleffort: 19-1
  20. Great White: 96-1

How to Bet on the Kentucky Derby (Win, Place, Show & Exotics)

All major racing apps offer the same bet types:

Win, Place, Show

  • Win: Horse must finish 1st
  • Place: 1st or 2nd
  • Show: 1st, 2nd, or 3rd

Exotics

  • Exacta: Top 2 in order
  • Trifecta: Top 3 in order
  • Superfecta: Top 4 in order
  • Boxed and keyed versions available

Multi‑Race Bets

  • Daily Double
  • Pick 3
  • Pick 4
  • Pick 5
  • Pick 6

These can produce massive Derby Day payouts.

Where Is Online Horse Racing Betting Legal in the U.S.?

Online horse racing betting is legal in most states, but not all. Here is the full list:

  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Missouri
  • Montana
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Dakota
  • Tennessee
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

How to Watch the 2026 Kentucky Derby in the US

You can watch the Derby on:

  • NBC
  • FanDuel TV
  • NBC Sports App

Best Way to Bet the Kentucky Derby 2026

If you want to bet the Derby itself, you must use a horse racing app, such as:

  • DK Horse
  • FanDuel Racing
  • TwinSpires

However, if you want the best welcome bonus, the sportsbook promos offer far more value:

  • DraftKings: Bet $5, Get $100 Instantly
  • FanDuel: Bet $5, Get $250 (If Your Bet Wins)

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